The Ministry of Commerce (MOFCOM) will work with relevant departments and local governments to promote consumption by the end of this year and early next year to further consolidate the sustained recovery in consumption, said Gao Feng, spokesman for the Ministry of Commerce, at a press conference Tuesday. Among them, expand key commodity consumption to become key. The reporter has learned that a new round of car to the countryside and the old for new is being accelerated to promote the replacement of home appliances and furniture will also be introduced a series of measures.


In terms of promoting commodity consumption, gaofeng said, relevant regions will be encouraged to optimize measures to limit car purchases and launch a new round of car sales to the countryside and trade in old cars for new ones. We will implement the policy of abolishing all restrictions on the removal of second-hand automobiles, and improve the system for recycling and utilizing scrapped automobiles. We will actively develop the aftermarket of automobiles such as automobile maintenance, repair, insurance and leasing, and smooth the circulation of new, second-hand and scrapped automobiles.

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In addition, subsidies will be encouraged for weeding out old home appliances and buying green smart home appliances and environment-friendly furniture where conditions permit. We will encourage the development of a new model of "Internet + waste materials recycling" and promote the upgrading of household appliances and furniture.


Recently, auto home appliances and other commodity consumption continued to be good. An executive meeting of The State Council on Nov. 18 called for stabilizing and expanding auto consumption. We will encourage local governments to adjust and optimize measures to limit purchases and increase the number of license plates. We should promote consumption of household appliances, furniture and home decoration. We will encourage areas where conditions permit to subsidize the elimination of old home appliances and the purchase of green smart home appliances and environment-friendly furniture.


Subsequently, the Ministry of Commerce for the above areas to focus on deployment, clear will deepen the car circulation system reform, open new cars, used cars, automobiles, auto import and export both inside and outside circulation, push the car from the purchasing management to use the management, speed up the revised "used car circulation management method", the implementation of the comprehensive cancel used-car limit migration policy, further active second-hand car market. At the same time, we will encourage all localities to introduce relevant plans as soon as possible, implement policies such as optimizing purchase restrictions, increasing the number of license plates, and encouraging the upgrading of home appliances and furniture, so as to further activate the consumer market.


Policy led by the market is expected to accelerate the recovery. According to the ten-day forecast of key enterprises by China Association of Automobile Manufacturers, the sales volume of China's automobile industry was estimated to be 2.733 million units in November, up 6.2% month-on-month and 11.1% year-on-year. In addition, the market is expected that with the implementation of the encouragement measures, the monthly growth rate of new construction and completion of real estate in October will turn positive again, and the consumption of household appliances and furniture is also expected to pick up.

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Food and beverage consumption has also become the focus of the next consumption promotion. Gao said that while guiding and urging the catering industry to do a good job in epidemic prevention and control, the Ministry of Commerce will encourage enterprises to carry forward traditional characteristics, innovate and improve dishes, and promote high-quality specialty catering. We will guide enterprises to innovate their operation models, promote the integration of online and offline activities, and actively develop new dining consumption models such as online ordering and contactless delivery. At the same time, we will introduce policies and measures to resolutely curb food and beverage waste, improve the standard system for promoting food and beverage economy and green development, and optimize food and beverage operation and service standards to create a favorable environment for food and beverage consumption.